The modern-day document posted via Report Ocean, titled “Europe Data Center Cooling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Europe data center cooling market is projected to register a CAGR of 13.9% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
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The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
Market Segmentation
Europe Data Center Cooling Market By Type (Enterprise Data Center, Edge Data Center), Solutions (Air Conditioning, Chilling Units, Cooling Towers, Economizer System, Liquid Cooling System, Computer Room Air Conditioning (CRAC) & Computer Room Air Handler(CRAH), Control Units, Others), Service (Consulting & Training, Installation & Deployment, Maintenance & Support), Cooling Type (Room Based Cooling, Rack Based Cooling, Row Based Cooling), Organization Size (Large Organization Size, Small & Medium Organization), Country (U.K, Germany, France, Netherlands, Italy, Russia, Spain, Switzerland, Turkey, Belgium and Rest of Europe) Industry Trends and Forecast to 2027.
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Some of the major factors contributing to the growth of the Europe data center cooling market are:
– New investment regarding data centers and supporting government policies
– Initiative for the energy saving technology promotion as well as adoption
Market Players
Some of the major players operating in Europe data center cooling market are:
– Schneider Electric
– Vertiv Group Corp.
– STULZ GMBH
– Eaton
– FUJITSU
– Airedale Air Conditioning (A Subsidiary of MODINE MANUFACTURING COMPANY)
– ALFA LAVAL
– ASETEK, INC.
– Black Box Corporation
– BladeRoom Group Ltd
– Daikin Applied (A Subsidiary of DAIKIN INDUSTRIES, Ltd.)
– Delta Power Solutions
– EcoCooling
– Grundfos Pumps Corporation (A Subsidiary of GRUNDFOS)
– Instor
– nVent
– Rittal GmbH & Co. KG
– Submer
– 3M
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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